Many employees who quit their jobs before five years of service think they cannot receive a gratuity. However, even if they quit after working this long, they can still be eligible for gratuity. Know ...

The process of making new income tax laws has started in the country. The Income Tax Bill 2025 has been introduced in the ...

Under current rules, local authorities are not allowed to increase their tax bills by more than 4.99 per cent without the ...

The House of Representatives on Tuesday passed four key tax reform bills presented by President Bola Tinubu to the National Assembly in the final quarter of 2024. Recall that last Thursday, the House ...

The American Institute of CPAs submitted a set of legislative priorities in a letter to congressional leaders, suggesting ...

The Taxpayer Advocate Service, which operates as an internal watchdog, would see deeper workforce reductions than the agency ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

The U.S. Internal Revenue Service is taking a "strategic pause" in its technology modernization investments to re-evaluate ...

Regulators and the DeFi industry alike have both struggled with how to regulate the space, balancing user privacy with ...

Acting IRS commissioner says the agency will use “existing appropriations” to remain open if Congress does not agree to a continuing resolution by the end of Friday.

William Paul, a civil servant who became the acting chief counsel at the I.R.S. in January, is expected to be replaced by ...

As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were ...